Score of 99/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 0 | 100% | 0% | 0% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 8 | 100% | 0% | 0% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 11 | 100% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 11 | 100% | 0% | 0% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 11 | 100% | 0% | 0% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 10 | 97% | 3% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 0 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Pioneer Shipping Ltd does not have standard payment terms. The most frequently used payment terms are 10 business days after the date or receipt of invoice and relate to settlement of transactions for vessel charter hire.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
To prevent a delay in invoice processing, invoices must be clearly legible, comply with HMRC regulations and should include supplier details, invoice number, invoice date and payment instructions, as well as the Centrica point of contact who requested the goods or services.
Maximum contractual payment period agreed
45
Any disputes the suppliers should contact their specific contact within Accounts Payable Group. The Accounts Payable team will consider the complaint and respond accordingly.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
PIONEER SHIPPING LIMITED is an active private limited company, incorporated on 17 December 2015, based in the South East region. Registered business activity: Sea and coastal freight water transport.
From Companies House records.